Financial Aid Information - Purdue University Global
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Financial Aid Information
Federal Financial Aid Information
Purdue University Global recognizes that in many instances individuals and their families are not able to
meet the entire cost of education. Therefore, the Student Finance Office will assist students with the
process of applying for federal student aid. The Student Finance Coordinator is the designated official at
the University for consumer information, and students or parents with questions should not hesitate to
contact the Student Finance Office by calling 866-458-2008. Students may obtain a copy of the consumer
information disclosures by accessing the following link: https://www.purdueglobal.edu/student-consumer-
information/.
Financial Aid Definitions
All financial aid funding offers are based on enrollment status, and are dependent upon a determination of
eligibility based on grade level, whether or not priority application deadlines have been met (if applicable),
and other program-specific criteria at the time of the funding offer. The Department of Education has
deemed that federal financial aid can be used to assist with the cost of most Purdue University Global
undergraduate and graduate degree programs. The following information and disclosures may be relevant
to students receiving federal financial aid:
● Rights and Responsibilities - Students are obligated to know and understand their rights and
responsibilities as a financial aid applicant, recipient, student loan borrower, and federal work
study employee.
● Awarding of Aid - Students should understand the (1) financial need calculation and (2) the non-
need-based aid calculation used with the cost of attendance (COA) and the Expected Family
Contribution (EFC) to determine a student's financial aid award.
● Reporting Additional Financial Aid Awards - Students are required to report all outside
assistance received for attending Purdue Global (i.e., military benefits, employer
reimbursement, outside scholarships).
● Overawards of Aid - Purdue Global is required to resolve any overaward situation that may occur
due to enrollment changes, notification of additional aid sources, FAFSA corrections, and so forth.
Overawards may result in a balance due to the University, which is the responsibility of the student.
● College Financing Plan – Purdue Global complies with the Principles of Excellence Executive
Order and participates in the Department of Defense Voluntary Education Partnership
Memorandum (DoD MOU) by providing the College Financing Plan to all military-affiliated students
awarded federal student aid.
● Verification - Verification requires that the University review additional documents to verify
the information reported on the FAFSA for the student, parent(s), and spouse.
● Use of Aid - Purdue Global applies federal financial aid only to institutional charges (tuition, fees,
books, etc.) and the University will deliver any credit balance remaining on the account to the
student/parent. Students may authorize the University to hold a credit balance on the account by
completing the appropriate Student or Parent Authorization to Hold Excess Funds form found on
the PG Campus student portal.
1● Credit Balances - Purdue Global processes credit balances through Heartland ECSI. For
more information, visit the Heartland ECSI website.
● Duration and Renewal of Aid - Federal financial aid is awarded one academic year at a time and
the FAFSA is required to be renewed on or after July 1 each year. The new FAFSA is available
to applicants to complete on October 1 each year.
Criteria for Eligibility for Federal Financial Aid
Most federal financial aid programs require students to meet certain eligibility standards to receive
assistance. Eligibility criteria vary by each assistance program (e.g., federal student aid, state
grants/scholarships, military aid). For additional information about maintaining your federal awards, review
the renewal requirements: https://www.purdueglobal.edu/tuition-financial-aid/award-renewal-requirements/.
Students must satisfy the following general eligibility requirements along with submitting a renewal of
the FAFSA to continue to qualify for federal student aid. Any conflict or verification must be resolved
before obtaining the funding each financial aid award year.
Students must complete the following to be eligible and/or maintain eligibility for Title IV funding:
● File a FAFSA for the current award year
● Be a U.S. citizen or eligible noncitizen
● Have a valid Social Security number (with the exception of students from the Republic of the
Marshall Islands, Federated States of Micronesia, or the Republic of Palau)
● Be registered with the Selective Service Administration, if required by law
● Be enrolled or accepted for enrollment as a regular student in an eligible degree or certificate
program
● Be enrolled at least half-time to be eligible for Direct Loan program funds
● Maintain satisfactory academic progress at Purdue University Global
● Not be in default on any prior federal student loan
● Submit all requested documents
● Not owe an overpayment on any federal financial aid grant or federal Direct Loan Program funds
● Have a high school diploma or GED certificate or have completed a high school education in a
home school setting approved under state law
Academic Eligibility for Financial Aid
To remain eligible for federal financial aid, you are required to maintain satisfactory academic progress
toward completion of your program. The University’s Satisfactory Academic Progress (SAP) Standards
determine whether an otherwise eligible student is meeting SAP in an educational program and may
receive financial aid under the Title IV of the Higher Education Act (HEA) programs. Students who do not
meet SAP standards will be placed on probation and will receive a Notice of Academic Probation with
information about the SAP appeal process.
2Financial Aid Warning
If you are placed on academic probation, you will also be given a financial aid warning. You will have one
academic term to regain good academic standing by meeting all satisfactory academic progress
standards or you will lose academic eligibility for federal funding.
The University may restore your academic eligibility for financial aid, even if you do not meet the
satisfactory academic progress standards if the University determines that your failure to meet those
standards was due to unforeseeable, extenuating circumstances including the death of a relative, illness or
injury, or other special circumstances.
If you receive a financial aid warning and have experienced extenuating circumstances, you should file a
satisfactory academic progress appeal before the end of the term to be considered for financial aid
probation and to avoid disruption to your enrollment.
Financial Aid Probation
After receiving a financial aid warning, you may submit an appeal to be placed on financial aid probation.
The written appeal should explain the extenuating circumstances that caused the inability to meet the
satisfactory academic progress standards and explain the corrective actions that have been taken to
ensure academic success if the appeal is granted. You may begin the appeal process during the financial
aid warning period and are encouraged to include supporting documentation that could have a bearing on
the University's decision.
You will be notified in writing of the outcome of the appeal review.
When you are placed on financial aid probation, you may also receive an academic plan. The academic
plan identifies the academic standards you must meet each term to comply with the satisfactory academic
progress standards.
When you are placed on financial aid probation, you will be denied eligibility for additional financial aid
and academically dismissed from the University at the end of the term, unless you make satisfactory
academic progress or the University determines that you have met the terms of your academic plan.
Federal Student Aid Ombudsman
Students should contact the Student Finance Office at the University with any questions or concerns
regarding their financial aid.
If a situation exists that a Student Finance Coordinator cannot resolve, students should follow
procedures in the University Catalog regarding Problem Resolution.
The U.S. Department of Education’s Ombudsman Office for student loan issues is also available. The
Ombudsman operates as a neutral party and informally researches and attempts to resolve a borrower’s
issue. Student borrowers can contact the Office of the Ombudsman via the following ways:
● Online assistance: https://studentaid.gov/feedback-ombudsman/disputes/prepare
● Telephone (Toll Free): 877-557-2575; Fax: 202-275-0549
● Mail: U.S. Department of Education, FSA Ombudsman, 830 First Street NE, Washington, DC 20202
3Applying for Federal Financial Aid
Purdue University Global encourages students to file a Free Application for Federal Student Aid
(FAFSA) to determine eligibility for federal, state, and institutional aid programs.
In addition to the FAFSA, the following may be required to be completed during the federal financial
aid process:
● Federal Direct Loan Master Promissory Note (MPN)
● Entrance Counseling
Who Should Apply for Federal Financial Aid?
Each student interested in receiving federal financial aid assistance must submit a FAFSA or provide a
copy of the Student Aid Report (SAR) if the FAFSA was previously completed for the current award year.
Completing the FAFSA is essential to determining a student’s financial aid eligibility.
To apply for federal financial aid, students should follow the instructions in the six steps below:
Step 1: Obtain Your FAFSA ID
Getting your U.S. Department of Education Federal Student Aid Identification (FSA ID) is the first must-do
step in applying for financial aid. Your FSA ID is your electronic signature. It allows you to electronically
sign your Free Application for Federal Student Aid (FAFSA), check its status online, and access your
account information. Your FSA ID is an important part of your financial aid process and you will continue to
use it throughout your educational career. Keep your FSA ID handy and secure.
If you decide to apply for financial aid, visit the U.S. Department of Education FSA ID Registration website
and click “Create an FSA ID.” Simply complete the application and submit it. You can choose to instantly
view your FSA ID online, receive an email with your FSA ID information, or have your FSA ID information
sent by mail within 7 to 10 days. Once you receive it, use it to sign your application and keep it in a secure
place. Only you can create your FSA ID using your personal information. Do not share your FSA ID with
anyone. If you are a dependent student, your parents will also have to sign your FAFSA. That means they
must have an FSA ID as well.
Step 2: Complete Your FAFSA
Purdue Global’s school code is 004586.
The FAFSA asks for basic information to determine your eligibility for all the federal financial aid programs.
The FAFSA is available on October 1 and must be completed annually so Purdue Global can determine
your initial or renewed eligibility for financial aid.
There are two ways to complete the FAFSA:
1. Visit the studentaid.gov website.
2. Use the myStudentAid app, which you can download from both the Apple App Store (iOS) and
the Google Play (Android).
4Determining Your Dependency Status
For financial aid purposes, the office of Federal Student Aid of the U.S. Department of Education
determines if you are required to include your parent's information when you apply for financial aid. Your
dependency status is based upon responses entered on your FAFSA. If you are considered a dependent
student, you will be required to enter your parent(s) information on the FAFSA. If you are considered an
independent student, you will be required to enter your information on your FAFSA and information for your
spouse, if applicable.
If you can answer “yes” to any of the following, then you are an independent student. If you cannot
answer “yes” to any of the following, then you are a dependent student according to the Department of
Education and you will need your parent's tax information when completing the FAFSA:
● I was born before January 1, 1998 (If you are applying for the 2021–2022 school year).
● I am married (Answer “yes” if you are separated but not divorced).
● I will be working on a master’s or doctorate program (e.g., MA, MBA, MD, JD, PhD, EdD,
graduate certificate).
● I am serving on active duty in the U.S. Armed Forces for purposes other than training.
● I am a veteran of the U.S. Armed Forces.
● I have children and I provide more than half of their support.
● Since I turned age 13, both of my parents were deceased.
● I have dependents (other than my children or my spouse) who live with me and I provide more than
half of their support.
● I was in foster care since turning age 13.
● I was a dependent or ward of the court since turning age 13.
● I am currently or I was an emancipated minor.
● I am homeless or I am at risk of being homeless.
Helpful Tips to Successfully Complete Your FAFSA
● Please note Purdue Global’s school code is 004586 (Indianapolis, Indiana).
● Step 6 allows you to print a copy of your FAFSA for your records. If you do not print/copy
the submission page at this time, you will be unable to access it for 24 to 72 hours.
● Step 10 of 10 submits your FAFSA application to the U.S. Department of Education. Click on
“Submit My FAFSA Now” to complete the process.
● You should receive your SAR, which is an acknowledgment of your submitted information, in
about 2 weeks.
● You will be asked to provide your high school completion status for Question 26 on your FAFSA.
Please select one of the following: high school diploma, GED, homeschooled, or none of the
above. Do not leave this question blank.
● You will be asked, "Do you want to sign your application now by using your FSA ID?" Choose "yes"
if you have already set up your FSA ID or "no" if you have not requested an FSA ID or are waiting
for it to arrive. (If you select "no," you can still complete a FAFSA, go back later when you receive
your FSA ID, and sign your FAFSA electronically.)
5Documents Needed to Complete the FAFSA
You will be required to use a variety of documents to fill out the FAFSA completely and correctly. Before
you begin, compile all of the documents listed below:
● Your Social Security card (SSN - Social Security number)
● Your alien registration or permanent residence card (if you are not a U.S. citizen)
● Your driver’s license or state ID (if any)
● Your previous and/or current year W-2 forms and other records of money earned
● Your (and your spouse’s if you are married) previous and/or current year federal income tax return
(IRS Form 1040, 1040A, 1040EZ, 1040 TeleFile, or foreign tax return)
● Your parents’ previous and/or current year federal income tax return (IRS Form 1040, 1040A,
1040EZ, 1040 TeleFile, or foreign tax return) if you are a dependent student, based on your
answers in section 2
● Your previous and/or current year untaxed income records— Social Security, Temporary
Assistance for Needy Families, welfare, or veterans benefits records
● Your current bank statements
● Your current business and investment information, such as mortgage documentation, business
and farm records, and stock, bond, and other investment records
Student Aid Report (SAR)
Your SAR summarizes the information you submitted when you filed the FAFSA and indicates your
Expected Family Contribution (EFC). If you have filed the FAFSA electronically, you will receive an email
with a secure link for online access to your SAR. After receiving your SAR, check it for errors. The EFC
listed on your SAR will be used to assist the University in determining the amount of financial aid you may
be eligible to receive.
How to Correct Errors in Your FAFSA
You should receive a SAR via email in approximately 1 week. If you did not provide an email address, a
paper SAR will be sent via regular mail to the address provided in the FAFSA. This could take up to 6
weeks. Your SAR will be ready to view on the FAFSA website 3 days after your FAFSA submission. This
report will state your EFC, restate what you put on the FAFSA, and give you the opportunity to correct
wrong information. If you make corrections to your application, the Student Finance Office will then revise
your financial aid award and send you a copy for your review. The revised funding offer will tell you what
financial aid you are eligible to receive after the changes have been made.
Step 3: Verification Process (If Applicable)
During the financial aid process, the U.S. Department of Education may select your FAFSA application for
a process called verification. The Department of Education selects fewer than one-third of all financial aid
applicants for this process to ensure the accuracy of information inputted on FAFSA applications. If your
FAFSA is selected for verification, the Department of Education will require the Student Finance Office to
collect additional documents from you. If this occurs, the Student Finance Office will notify you of which
forms to send and their associated due dates. Students who apply for financial aid are responsible for
completing all the necessary steps and submitting any required documentation in a timely manner.
Financial assistance will not be awarded until the verification process has been completed. The Student
Finance Office will notify students who are selected for verification. Students can find additional information
6about reviewing and correcting their FAFSA on the Federal Student Aid Website at
https://studentaid.gov/apply-for-aid/fafsa/review-and-correct.
To find out if you are selected for verification, read the comments on the first page of your Student Aid
Report (SAR) sent to you by the Department of Education. If you have not received your SAR, you can
check it online.
Step 4: Loan Entrance Counseling
The U.S. Department of Education requires that all students seeking to borrow under the federal Direct
Loan Program participate in loan entrance counseling before receiving funds. The counseling will include
an explanation of the use of a Master Promissory Note (MPN), the importance of the repayment obligation,
a description of the consequences of default, sample repayment schedules, information in reference to
borrower’s rights and responsibilities, as well as other terms and conditions. You can satisfy this
requirement on the Federal Student Aid website at https://studentaid.gov/entrance-counseling. Please
note, to complete this entrance counseling you will need your FSA ID to access your loan documentation.
During the loan entrance counseling, you will learn about the following:
● What a Direct Loan is and how the loan process works
● Managing your education expenses
● Other financial resources to consider to help pay for your education
● Your rights and responsibilities as a borrower
● Explanation and use of the MPN
● Seriousness and importance of the repayment obligation
● Option of paying interest on Unsubsidized Direct and Graduate Direct PLUS Loans while attending
the University
● Interest accrual process and interest capitalization when a borrower elects not to pay interest or if
the interest is not paid by the U.S. Department of Education
● Definition of half-time enrollment
● Consequences of not maintaining at least half-time enrollment
● Importance of contacting the appropriate office at the University if the student plans to withdraw
before completing the academic program to allow the University to provide exit counseling to the
borrower
● Obligation to repay the loans even if the following occur: the borrower does not complete the
program or does not complete the program within the regular time for completion, is unable to find
employment, is dissatisfied with the school/program, or does not receive the services purchased
from the University
● The importance of repayment and the consequences of default, including adverse credit
reports, federal offset, and other federal delinquent debt collection procedures and litigation
● Sample monthly repayment amounts based on a range of levels of indebtedness or the average
cumulative indebtedness of other loan borrowers within the same academic program as the
borrower
● Information regarding how a borrower can access and monitor his or her loan records on the
Federal Student Aid website at https://studentaid.gov/fsa-id/sign-in?redirectTo=/
● Name and contact information of the person the student can contact with questions regarding
rights and responsibilities or loan terms and conditions
7Step 5: Master Promissory Note
Now you are ready to obtain and sign the Master Promissory Note (MPN). All students seeking federal
student loans must complete an MPN with Direct Loans. You must do this before you can receive your loan.
The MPN should be completed electronically with Direct Loans on the Federal Student Aid website at
https://studentaid.gov/mpn.
Subsidized and Unsubsidized Master Promissory Note (MPN)
Students have the ability to obtain loan funds not exceeding the established loan limits through the
subsidized and unsubsidized federal Direct Loan Program without having to sign a new MPN for each
academic year.
The University will notify the borrower of the loan amounts awarded through the funding offer. If the
borrower decides to decline or make adjustments to the type or the amount of the loan, they must contact
the Student Finance Office.
Graduate and Parent PLUS Master Promissory Note (Grad/PLUS MPN)
Graduate and Parent PLUS Loans made under the multiyear feature of the MPN require the Student
Finance Office to document an active confirmation of Graduate and Parent PLUS Loan funds via the
funding offer.
The confirmation process is to provide a means for the parent borrower to accept or decline a PLUS Loan
made for a student’s subsequent academic year. This assists in providing the parent borrower with greater
control and understanding of PLUS Loan debt.
Step 6: Your Funding Offer
After you have submitted your FAFSA and signed electronically with your FSA ID, Purdue Global will be
notified of its completion. Once the school receives your eligibility information and you have met all
requirements, a projected funding offer will be provided to you by Purdue Global’s Student Finance Office.
The projected funding offer is an estimate of what you will receive in federal, state, and Purdue Global aid
and/or scholarships.
You should review your funding offer with a Student Finance Coordinator at the University. Please note
that this funding offer estimation is subject to change based on student information contained in the
Institutional Student Information Record (ISIR), which is sent to Purdue Global by the federal government.
Types of Federal Financial Aid
Degree-seeking students who are U.S. citizens or eligible noncitizens enrolled in an eligible
academic program at the University can apply for federal financial aid as a means of assisting with
financing their education. Certificate programs may also be eligible for federal financial aid.
Depending on the program, student eligibility may be need-based, non-need-based, credit-based,
or dependent on other specific conditions.
8Federal Pell Grant
The Federal Pell Grant Program provides need-based grants to help undergraduate students finance the
costs of postsecondary education. Federal Pell grants may be awarded to undergraduate students who
have not earned a bachelor’s or a professional degree. The amount of aid students can receive varies
depending on their financial need, cost of attendance, and other eligibility criteria.
For information on eligibility requirements and how to apply for a federal Pell Grant visit the Federal
Student Aid website at https://studentaid.gov/understand-aid/types/grants/pell.
Students who meet general eligibility requirements and have a calculated Expected Family Contribution
(EFC) number that meets federal Pell Grant eligibility criteria will be awarded federal Pell Grant funding.
The award for each term will be based upon the Department of Education’s Pell Grant payment schedule.
Students can receive the federal Pell Grant for no more than 12 semesters or the equivalent. To
learn more about Federal Pell Grant Lifetime Eligibility visit the Federal Student Aid website at
https://studentaid.gov/understand-aid/types/grants/pell/calculate-eligibility.
Year-Round Pell Grant
The Department of Education allows students to receive a total of 150% off their federal Pell Grant.
This means that when students have reached 100% of their eligible Pell Grant funds for the award
year, the University will still have the ability to request an additional 50% of those funds.
To be eligible for an additional Pell Grant, students must have the following:
● Be enrolled at least half-time
● Meet all of the eligibility requirements for the Pell Grant
● Not have exceeded the lifetime limit
Pell Grant Decline and Return
Students who wish to decline and/or request a refund of any Pell Grant disbursement within the same
award year must complete and submit a signed Federal Pell Grant Decline/Return Acknowledgement form
to the University. Students will be fully responsible for a balance created by declining/returning a Pell
Grant. Students will no longer have an option to decline or return the Pell Grant if the document is not
received before the award year expiring. Students must contact the University’s Student Finance Office to
request for decline and return of the Pell Grant.
Federal Supplemental Education Opportunity Grant (FSEOG)
The FSEOG Program provides need-based grants to help undergraduate students who have
demonstrated exceptional financial need finance the costs of postsecondary education. Exceptional
financial need is determined by the Department of Education’s standards. The minimum grant for a full-
time student who meets the eligible requirements is $100 per term.
For information on eligibility and how to apply for FSEOG, visit the Federal Student Aid website at
https://studentaid.gov/understand-aid/types/grants/fseog/.
9The FSEOG is only available to undergraduate students who have not earned a bachelor’s, graduate, or
professional degree. Purdue University Global will use the following priorities when selecting applicants for
the FSEOG:
● First priority will be given to students with the lowest EFC as determined from the student’s
FAFSA information. In general, Purdue Global selects students with zero EFC who will also
receive a Pell Grant in that award year.
● Second priority will be given to students with zero EFC who have used their maximum FAFSA
and/or lifetime awarding limits.
● Third priority will be given to students with an EFC range of 1–100 who will also receive a Pell
Grant in that award year. Any remaining funding will be distributed based on each EFC group in
increments of 100.
Federal Work Study
Federal work study (FWS) provides part-time jobs for undergraduate and graduate students with financial
need, allowing them to earn money to help pay education expenses. It offers students the opportunity to
meet part of their expenses by working part-time on or off campus for at least minimum wage. To the
extent of available funds, FWS jobs will be made reasonably available to students who demonstrate need.
FWS may not be available at all locations.
The amount of FWS for which a student is eligible depends upon the following:
• Degree of demonstrated financial need
• Availability of FWS funds at the University
• Availability of jobs and scheduling that do not conflict with the student’s class schedule
Students interested in FWS should complete the Free Application for Federal Student Aid (FAFSA) on the
Federal Student Aid website at https://studentaid.gov/h/apply-for-aid/fafsa.
For more information on FWS, students should visit the Federal Student Aid website at
https://studentaid.gov/understand-aid/types/work-study.
Iraq and Afghanistan Service Grant (IASG)
A student whose parent or guardian was a member of the U.S. Armed Forces and died as a result of service
performed in Iraq or Afghanistan after September 11, 2001, may be eligible to receive the Iraq and
Afghanistan Service Grant.
For information on eligibility requirements and how to apply for an Iraq and Afghanistan Service Grant, visit
Federal Student Aid website at https://studentaid.gov/understand-aid/types/grants/iraq-afghanistan-
service.
The IASG is awarded to students whose parent or guardian died as a result of military service in
Iraq or Afghanistan after September 11, 2001, and meets one of the following requirements:
● The student was less than 24 years of age when the parent or guardian died; or
● The student was enrolled at an institution of higher education at the time of the parent or
guardian’s death.
10If the student is eligible for a federal Pell Grant, the University will award and package all federal financial aid
based on a zero EFC. If the student is ineligible for a federal Pell Grant because his/her EFC is too high, the
student may receive the IASG. The grant amount is equal to the maximum federal Pell Grant for the award
year and cannot exceed the student’s cost of attendance.
Federal Scholarships
Children of Fallen Heroes
A student whose parent or guardian died in the line of duty while performing as a public safety
officer may receive increased amount of federal financial aid under the Children of Fallen Heroes
Scholarship if the student is Pell grant eligible and also the following:
● The student was less than 24 years of age when the parent or guardian died; or
● The student was enrolled at an institution of higher education at the time of the parent or
guardian’s death.
In these scenarios, all federal financial aid will be based on a zero Expected Family Contribution (EFC).
The zero EFC is only used for awarding purposes. The U.S. Department of Education does not provide
any notification of eligibility to the University. Consequently, students who believe they qualify for this
scholarship must notify the Student Finance Office and provide any required documentation requested.
The University will determine based on the documentation submitted whether or not the student meets the
eligibility criteria.
Eligibility Requirements: Complete the FAFSA on the Federal Student Aid website at
https://studentaid.gov/h/apply-for-aid/fafsa and have a Pell-eligible EFC. The student must have been
younger than 24 years of age or enrolled at a higher education institution at the time the parent or guardian
died in the line of duty while performing as a public safety officer. In subsequent award years, the student
will continue to be eligible as long as the student has a Pell-eligible EFC and continues to be an eligible
student. Students must meet all Title IV student eligibility requirements and must provide proof of eligibility
(documentation as indicated on the application form).
Award Amounts: Eligible students’ Pell Grant award will be increased to the maximum annual Pell Grant
amount, and other awards will be calculated as if the student has an EFC of zero. Pell-eligible students with
an EFC of zero will not receive an increase as they are already awarded the maximum amount of Pell
Grant.
Federal Direct Loan Program
Terms and Conditions Under Which Students Receive Federal Loans
The federal loan programs provide funds to undergraduate and graduate students to assist them in
meeting their educational expenses. To qualify for federal loan program funds, the student must meet the
eligibility requirements for federal student aid as well as the loan program specific terms and conditions
specified below:
● The student (parent in the case of PLUS Loans) must complete and sign a valid Master
Promissory Note (MPN).
● The student must be enrolled at least half-time to receive Direct Loan program funds. A student
whose enrollment status is below half-time is not eligible for Direct Loan program funds. If eligibility
11is lost due to being enrolled less than half-time, a student can regain eligibility if enrolled at least half-
time during a subsequent period of enrollment.
● A student who is borrowing a loan for the first time is required to participate in loan entrance
counseling before the first disbursement of the loan.
● Student Finance Coordinators may not perform credit checks on students in connection with
awarding them Direct Loan program funds.
● A student borrower who is in default on a federal student loan is not eligible for additional Direct
Loan funds unless eligibility is regained by resolving the existing default.
Students who receive loans to pay for their course of instruction are advised it is their responsibility to
repay the full amount of the loan, plus interest, less the amount of any refund. Defaulting on loans
guaranteed or reinsured by the state or federal government could result in damage to credit ratings, loss of
eligibility for future student loans and other forms of financial aid, loss of deferment and monthly payment
options, withholding of state and federal income tax refunds, initiation of court action, and garnishment of
wages. If students have any additional questions regarding information on eligibility requirements, alternate
financing, amounts available, interest rates, scholarships, and repayment schedules they may contact the
Student Finance Office.
Before You Borrow
Before making any borrowing decisions, you should complete the following:
● File your Free Application for Federal Student Aid (FAFSA).
● Utilize other resources such as scholarship, grants, employer funding, 529 plans, and cash/savings.
● Borrow federal Direct Loans first.
● Pursue federal Graduate PLUS Loans next (if you are a graduate student).
● Shop around before borrowing an alternative (private) loan.
Annual Loan Limits
Annual loan borrowing limits are defined by an academic year, based on cumulative credits earned toward
a student’s specific degree program. Please visit the Federal Student Aid website at
https://studentaid.gov/understand-aid/types/loans for more information.
Year Dependent Student (except Independent Student (and
students whose parents cannot dependent students whose
obtain Direct PLUS Loans) parents cannot obtain Direct PLUS
Loans)
Freshman (0–36 undergraduate $5,500 ($3,500 subsidized max) $9,500 ($3,500 subsidized max)
credits)
Sophomore (36–72 undergraduate $6,500 ($4,500 subsidized max) $10,500 ($4,500 subsidized max)
credits)
Junior and senior (73 or more $7,500 ($5,500 subsidized max) $12,500 ($5,500 subsidized max)
undergraduate credits)
Graduate and professional student $20,500 (unsubsidized only)
12Aggregate Loan Limits
The following are the maximum lifetime Direct Loan limits a student may borrow:
Year Dependent Student
Dependent undergraduate students (except students $31,000 ($23,000 maximum subsidized)
whose parents cannot obtain Direct PLUS Loans)
Independent undergraduate students (and $57,500 ($23,000 maximum subsidized)
dependent students whose parents cannot obtain
Direct PLUS Loans)
Graduate and professional students $138,500 ($65,500 maximum subsidized; includes
loans received for undergraduate study)
Federal Direct Loan Interest Rate and Origination Fees
Interest is paid to loan servicers for the cost of borrowing a loan. This is calculated as a percentage of the
unpaid principal of the loan, and the rate varies depending on the loan type. In most cases, federal student
loans have loan fees that are assessed by loan servicers. The fee is calculated as a percentage of the total
loan amount. For information regarding federal student loan interest rates and origination fees, please visit
the Federal Student Aid website at https://studentaid.gov/announcements-events/interest-rates-for-new-
direct-loans.
Federal financial aid borrowers can check the interest rate, servicer information, and other financial aid
history on the Federal Student Aid website at https://studentaid.gov/fsa-id/sign-in/landing?redirectTo=%2F.
Purdue University Global Code of Conduct for Student Loans
As required by the Higher Education Opportunity Act, Purdue University Global has established the
following Title IV Loan Code of Conduct that all employees and agents must comply. This code of
conduct prohibits a conflict of interest with financial institutions with respect to such loans and at a
minimum, includes the provisions outlined in the Code of Conduct for Student Loans document.
Federal Direct Loans
Federal Direct Subsidized Loan
Direct Subsidized Loans are made to eligible undergraduate students who demonstrate financial need to
help cover the costs of postsecondary education. The U.S. Department of Education pays the interest while
the student is in school, during their grace period (first 6 months after they leave school), and during any
other periods of authorized deferment.
For more information on eligibility requirements, how to apply, and current interest rates for a Direct
Subsidized Loan visit the Federal Student Aid website at https://studentaid.gov/understand-
aid/types/loans/subsidized-unsubsidized.
13If the first disbursement of your Direct Subsidized loan is on or after July 1, 2021, there is no time limitation
on how long you can receive a Direct Subsidized loan.
If you were a first-time borrower on or after July 1, 2013, and before July 1, 2021, there was a limit on the
maximum period of time (measured in academic years) that you could receive Direct Subsidized Loans. If
this limit applied to you, you could not receive Direct Subsidized Loans for more than 150% of the
published length of the program you were enrolled in at the time. This was called your “maximum eligibility
period.”
Students who receive a Direct Loan are subject to the terms and conditions disclosed on the federal Direct
Loan Master Promissory Note (MPN) on the Federal Student Aid website at
https://studentaid.gov/app/launchMpn.action and the Direct Loan Disclosure Statement.
Students receiving federal financial aid have varying rights and responsibilities in accordance with the
Borrower’s Rights and Responsibilities Statement attached to the MPN at
https://studentaid.gov/app/subUnsubHTMLPreview.action.
For more detailed information on eligibility and how to apply for the federal Direct Loan Program, visit
Federal Student Aid website at https://studentaid.gov/understand-aid/types/loans.
Federal Direct Unsubsidized Loan
Direct Unsubsidized Loans are loans made to eligible undergraduate, graduate, and professional students,
but eligibility is not based on financial need. Interest accrues (accumulates) on an unsubsidized loan, even
while the student is in school, beginning on the date the loan is initially disbursed. The student can pay the
interest while in school and during grace periods and deferment or forbearance periods or can allow it to
accrue and be capitalized (that is, added to the principal amount of the loan). If a student chooses not to
pay the interest as it accrues, this will increase the total amount to be repaid because the student will be
charged interest on a higher principal amount.
For more information on eligibility requirements, how to apply, and current interest rates for a
Direct Unsubsidized Loan visit the Federal Student Aid website at
https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized.
Students who receive a Direct Loan are subject to the terms and conditions disclosed on the federal
Direct Loan Master Promissory Note (MPN). For more information, visit the Federal Student Aid
website at https://studentaid.gov/app/launchMpn.action and the Direct Loan Disclosure Statement.
Students receiving federal financial aid have varying rights and responsibilities in accordance with the
Borrower’s Rights and Responsibilities Statement attached to the MPN. Visit the Federal Student Aid
website at https://studentaid.gov/app/subUnsubHTMLPreview.action to review the statement.
For more detailed information on eligibility and how to apply for the federal Direct Loan Program, visit the
Federal Student Aid website at https://studentaid.gov/understand-aid/types/loans.
14Federal Direct Parent PLUS Loan
Parents of dependent students may apply for a Direct PLUS Loan to help pay their child’s education
expenses as long as certain eligibility requirements are met. Direct PLUS Loan eligibility is dependent
upon the applicant’s credit history. If it is determined that the applicant has an adverse credit history, the
applicant will have the option to appeal the credit decision or pursue an endorser. If a parent is unable to
secure a Direct PLUS Loan, the dependent student may be eligible for additional unsubsidized loans.
For more information on eligibility, how to apply, and current interest rates for Direct Parent PLUS Loans,
visit the Federal Student Aid website at https://studentaid.gov/understand-aid/types/loans/plus/parent.
The Parent PLUS Loan is a loan that must be repaid. There is no grace period for Parent PLUS Loans—
the repayment begins 60 days after the final loan disbursement is made for that academic year. However, it
can be placed into deferment while the student is in school at least half-time and for an additional 6 months
after they graduate, leave school, or drop below half-time. During a deferment period, or any period when
you are not required to make payments, interest will accrue on your loan. You can choose to pay the
accrued interest or allow the interest to be capitalized.
Students whose parent(s) receive a PLUS Loan are subject to the terms and conditions disclosed on
the MPN at https://studentaid.gov/app/launchMpn.action.
Parents receiving federal financial aid have varying rights and responsibilities in accordance with the
Borrower’s Rights and Responsibilities Statement attached to the MPN at
https://studentaid.gov/app/mpnPlusHTMLPreview.action.
Federal Direct Graduate/Professional PLUS Loan
Graduate and professional degree students can borrow a Direct PLUS Loan to help cover education
expenses at a fixed interest rate. Direct PLUS Loan eligibility is dependent upon the applicant’s credit
history. If it is determined that the applicant has an adverse credit history, the applicant will have the option
to appeal the credit decision or to obtain an endorser.
For more information on eligibility, how to apply, and current interest rate for the Direct PLUS
Loan for Graduate and Professional students, visit the Federal Student Aid website at
https://studentaid.gov/understand-aid/types/loans/plus/grad.
Students are eligible to receive a Graduate PLUS Loan award up to their academic year cost of
attendance (COA) minus any other financial assistance received and are subject to the terms and
conditions disclosed at https://studentaid.gov/app/launchMpn.action.
Students receiving federal financial aid have varying rights and responsibilities in accordance with the
Borrower’s Rights and Responsibilities Statement attached to the MPN for Direct PLUS Loans at
https://studentaid.gov/app/mpnPlusHTMLPreview.action.
State Grant and State Aid Programs
Students may also be eligible to receive funding through state grant programs, where available.
Depending on the program, student eligibility may be need-based, non-need-based, credit-based, or
dependent on other specific conditions. The University cannot guarantee any funding from the state grant
15sources, as the list is subject to change without notice based upon changes in state budgetary constraints,
state law or regulation, and/or University participation.
Eligibility varies by the state and program. State aid is distributed to students who meet the eligibility
criteria as described in the specific state aid program requirements. For more information, students should
review Purdue University Global’s Financial Aid Grants by State document.
The state funds may be awarded on a first come, first serve basis. The procedures and forms required
may vary by the state and program. Students should visit the state-administered websites to seek
detailed information about each state’s programs.
Institutional Aid
Purdue University Global awards scholarships and discounts for a variety of reasons, including, but not
limited to, merit, military service, need, and to assist in the acceleration of an academic program.
Scholarships and awards have specific requirements that must be met. Not all scholarships and awards
are available on a continuous basis or at all locations, or in all programs/offerings, and all are subject to
changes in criteria and funding. Purdue Global also offers grants and scholarships to employees of
preselected corporations, institutions, and organizations engaged in an educational alliance. New students
should contact their Admissions Advisor for additional information on scholarships.
Returning Student Relief Grant
The Returning Student Relief Grant was developed to encourage withdrawn students who meet eligibility
requirements to reenroll in Purdue University Global (formerly Kaplan University) and complete a program
of study. The Grant clears outstanding debt (maximum $4,500) owed directly to Purdue University Global
for prior enrollment (excluding Title IV student loans or other private funding) after eligible students
successfully complete the first term following reenrollment. Student loans or private funding obtained by the
student, whether past or future, are the sole financial responsibility of the student.
To receive the Grant, a student must meet the following standards:
● Be a returning student at Purdue Global;
● Have withdrawn from a prior Purdue Global degree or certificate program with a minimum CGPA of
2.5 (undergraduate students) or 3.0 (graduate students) at the time of withdrawal;
● Be current on repayment of federal student loans, if applicable;
● Reenroll in a Purdue Global degree or certificate program;
● Meet all Purdue Global admissions requirements for the program of study and be fully accepted into
the program;
● Enroll in at least two courses per term (undergraduate students), one course per term (graduate
students) between January 6, 2021, and December 31, 2021, and start no later than January 5,
2022;
● Meet Purdue Global standards for satisfactory academic progress as outlined in the University
Catalog; and
● Be continually enrolled at Purdue Global, with allowances only for military leaves of absence
consistent with policies stated in the University Catalog.
16To have the prior debt fully forgiven/waived, a student must complete the following:
● Successfully complete the first term following reenrollment, meet all academic requirements to
maintain the Returning Student Relief Grant, and satisfy any new financial obligations owed directly
to Purdue Global.
Visit PurdueGlobal.edu for additional Grant details.
For additional information on available institutional awards, students should contact the Student Finance
Office at the University. Students are also encouraged to seek additional scholarship programs not
administered or awarded by the University.
Continuing Student Relief Grant
The Continuing Student Relief Grant 2020 was developed to encourage Purdue University Global
students nearing graduation who meet eligibility requirements to complete their program of study with
no additional tuition and fees. The Grant provides aid to reduce tuition and fees (maximum $14,736 per
undergraduate student and $13,710 per graduate student) owed directly to Purdue University Global
for the final expected term(s) of enrollment.
To be eligible for the Grant, students must meet the following standards:
• Be a current online, campus, or learning center Purdue Global student enrolled in a degree or
certificate program;
• Have 36 credits or fewer remaining for undergraduate or 24 credits or fewer remaining for
graduate programs;
• Have and maintain at all times a minimum CGPA of 2.5 (undergraduate) or 3.0 (graduate) and
continue to meet Purdue Global standards for satisfactory academic progress as outlined in the
University Catalog;
• Remain continuously enrolled at Purdue Global in the program of study in which you were enrolled at the
time of Grant award until completion of the program, with allowances only for military leaves of absence
consistent with policies stated in the University Catalog;
• Be current on repayment of federal student loans, if applicable;
• Apply for Title IV federal student financial aid and have exhausted, or will exhaust, before
program completion all Title IV federal aid eligibility; and
• Exhausted, or will exhaust, any other non-Title IV federal aid loans, grants, and Purdue Global
scholarships for which you were eligible.
Go to https://www.purdueglobal.edu/docs/continuing-students-relief-grant.pdf for details. This is a limited-
time-only Grant approved by the Purdue Global Student Finance Office on a first-come, first-served basis.
This Grant will be awarded on a term-by-term basis and eligibility in any one term does not guarantee
future-term eligibility. No formal application is necessary. Students can determine eligibility and apply for
the Grant by contacting the Student Finance Office.
17Private Aid
Private Scholarships
External scholarships are available to the general public, which may include Purdue University Global
students. Private outside entities develop and fund external scholarships. A student’s eligibility for an
external scholarship depends on qualifying requirements that vary from scholarship to scholarship as
determined by the provider.
Federal regulations require the University to take into account all aid resources when determining your
eligibility for financial aid. Therefore, you must report all scholarships and grants that you receive from
sources other than Purdue Global.
For more information on how to find external scholarships visit https://www.purdueglobal.edu/tuition-
financial- aid/outside-scholarships/.
Private Student Loans
Private loans may be available for both students and parents who are not eligible for need-based federal
financial aid or who want to supplement their federal and/or state financial aid. They may have fixed or
variable interest rates and may depend on the borrower’s credit rating.
Private student loans have a range of interest rates and associated fees and must be paid back to the
lender. These loans are made privately through lenders and other financial institutions and are subject to
a credit review and individual lender terms and conditions. Students may choose to use any eligible
lender that offers private loans. The University does not maintain a list of lenders that offer private loans,
nor will it endorse a particular lender.
Self-Certification Form for Private Education Loans
Per Department of Education guidelines, a lender must obtain a self-certification signed by the applicant
before disbursing a private education loan. The Private Education Loan Application Self Certification form
can be downloaded at
https://fsapartners.ed.gov/sites/default/files/attachments/dpcletters/GEN1315Attach.pdf.
For debt management purposes, the University encourages applicants to first complete the federal financial
aid application to determine eligibility for grants and federal Direct Loans and to borrow wisely, utilizing
funding solely for direct educational expenses related to attendance at the University.
Questions to Ask Before Borrowing a Private Loan
● What is the interest rate?
● Is it fixed or variable, and how is it determined?
● How often is the interest rate adjusted?
● How much are the origination fees and how are they charged?
● When does the interest start to accrue, and will it be capitalized?
● What are the minimum and maximum loan limits?
18● Under what circumstances would a cosigner be required?
● When does repayment start?
● Is there a grace period before repayment begins?
● Can I defer repayment of the loan if I go to graduate school?
● What is the monthly minimum payment?
● What is the maximum term?
● Am I allowed to pay the interest while in school?
● Are there any loan repayment benefits or reductions?
● Is the loan eligible for consolidation?
● How are the loan proceeds disbursed?
● Must I establish financial need for the loan?
● Do you sell your loans?
● Under what conditions would I qualify for cancellation, discharge, or forgiveness of the loan?
● Does the lender provide a toll-free phone number or website to ask questions as they arise?
● Do you apply any penalties or charges for prepayments or early payoff?
For more information on the difference between federal and private loans, please visit
http://www.consumerfinance.gov/paying-for-college/choose-a-student-loan/.
Financial Aid for Non-U.S. Citizens
Aid From Your Home Country
Contact the cultural section of your country’s embassy or ministry of education to inquire about financial
aid options and their requirements.
Aid From the U.S. Government
The majority of U.S. government financial assistance is not available to international students. The
U.S. government does provide aid to students from specific countries—you can get more information
from your embassy or the U.S. State Department.
Cost of Attendance
The cost of attendance (COA) is used in calculating a student’s amount of federal financial aid eligibility
and awarding financial aid for a specific period of enrollment. The following estimated student budget
amounts are provided for students to use in estimating the total COA. Tuition and fees vary by program,
location, and military status. The following tuition rates and fees may not align to the actual charges found
on the student’s ledger card as those charges are determined by enrollment status. Students should refer
to the Tuition and Fee Finder on the University website for tuition calculations based on the expected
number of terms to complete as a full-time student.
192021–2022 Average Cost of Attendance Elements
Undergraduate Students* Graduate Students* Graduate
(A, B, C Tracks) (E Track)
$430 (Indiana $454 (Indiana
Standard $371 (Indiana residents, $280)
residents, $430) residents, $454)
U.S. military
$165 $325 $320
servicemembers
Military veteran $230 $430 $454
ExcelTrack™ (per term
$2,500 $3,200 $3,400
flat rate)
Fees per term $360 $311 $332
Books per term† N/A $150 $300
Additional Expenses Off Campus With Parent
Room and board per month‡ $684 $342
Transportation per month $116 $116
Personal per month $248 $124
*Tuition is per credit hour.
†Not all courses require textbooks; some use electronic instructional materials. Books and other instructional materials are estimated at $50.00 to
$250.00 per course. They may not be included in the cost of tuition; some courses may require students to purchase additional course materials from
another source.
‡For students who are less than half-time, cost of attendance (COA) can include only tuition and fees, allowance for books and supplies, and
transportation. Financial aid applicants who live in housing located on a military base or for which a basic allowance for housing (BAH) is provided
will have a reduction in their room allowance of “room and board.”
For detailed information regarding actual tuition fees, contact a Student Finance Coordinator at 888-458-
2008.
Provision for Books and Supplies
Purdue University Global incorporates the cost of textbooks and supplies in undergraduate students’ tuition.
Students who have completed their FAFSA, Master Promissory Note (MPN), Entrance Counseling, and
verification process (if applicable), and are scheduled to receive Title IV financial aid, may “opt out” of
having some textbooks and supplies included in their tuition costs. Students can only “opt out” of having
certain nonproprietary physical textbooks not included in the cost of tuition. Ebooks and other Purdue
Global proprietary material are not included. Students who choose to “opt out” will receive a credit in the
form of a check for the average cost of applicable textbooks and supplies per course by the seventh day of
the term. Those students who qualify for a refund will receive a check for the cost of applicable textbooks
and supplies if excess funds on the student’s account will be available for the upcoming term. Any refund
20generated by selecting the “opt out” option will be deducted from any total refund due for the term.
To be eligible for the University credit, students must meet the following criteria:
● Students must meet all other Title IV eligibility requirements.
● The student must send an email to BooksandSupplies@PurdueGlobal.edu.
○ The email must be sent 21 days before the start of an academic year.
○ The email must be sent from a registered Purdue Global email and must contain a
unique student identifier such as the following:
■ Student name
■ Student ID number or last four digits of Social Security number
○ The email must also include a clear specification of the student's desire to “opt out” of
the institutional textbook and supply charge.
● If the student changes their mind and would like to opt back in, they must send a similar email
containing the same information listed previously to BooksandSupplies@PurdueGlobal.edu
indicating their choice to return to having textbooks and supplies included in the cost of tuition.
○ This “opt out” option is only valid for 1 academic year at a time. Textbooks and supplies
will be included as part of tuition for any academic year the student does not elect to “opt
out” of Purdue Global’s textbooks and supplies charge.
Enrollment Status and Academic Year
The length of the academic year may vary depending on the program of study. In general, an academic
year consists of three terms for undergraduate programs and 30 weeks for graduate programs. A total
number of credit hours students attend per term determines the student’s enrollment status:
Student Type Full-Time Three-Quarter Half-Time
Time
Undergraduate 12 credit hours 9 credit hours 6 credit hours
Graduate (10-week term) 8 credit hours 6 credit hours 4 credit hours
Graduate (12-week term) 8 credit hours 6 credit hours 4 credit hours
The enrollment status may impact financial aid eligibility. Certain types of grants and scholarships require
full-time enrollment. Students must enroll at least half-time each term to receive aid from the Direct
Subsidized/Unsubsidized and Direct PLUS Loan programs. The Pell Grant and campus-based programs
generally don’t require half-time enrollment, except for federal work study (FWS). The U.S. Department of
Veterans Affairs may have different definitions for full-time and part-time status. Students should consult
the University’s certifying official if they are receiving veterans benefits. Students should refer to the
Enrollment Status and Definition of an Academic Year section in the University Catalog for more
information.
Financial Aid Awarding
For students who have completed all required financial aid materials, the University will evaluate student
eligibility for federal, state, and institutional aid programs. State grant program eligibility is determined by
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